Business

Airbus versus Boeing - again!
by Barbora Misakova

When one is criticizing another one, he is usually doing it just to hide a reason for which he could be criticized as well. Competition between Airbus and Boeing which is sometimes referred to as the “Airliner Wars” is a bright example of this hide-and-criticize tactic. Competition between two companies of the large jet airliner market has longed for years now as each company regularly accuses the other of receiving unfair state aid from their respective governments. While Boeing has continually protested over launch aid in form of credits to Airbus, Airbus has claimed that Boeing receives illegal subsidies through military and research contracts and tax breaks.! There is no surprise that both companies are fighting for supremacy at the market especially when there is the U.S. Air Force’s contract worth up to $50 billion. The European Airbus parent company EADS submitted a formal bid on Thursday and believes it will prove the “unequaled capabilities” of its tanker, which is based on the Airbus A330 passenger plane. EADS presented its proposal on more than 8,800 pages a day before the deadline for bids. Chairman of EADS North America, Ralph Crosby said: “We feel very god about what we have to offer.” But EADS shouldn’t speak too soon. The World Trade Organization announced a delay because of alleged aid to Boeing and The European Union together with Airbus have nothing better to do than criticize the delay. The tanker contest is a rerun of a previous competition won by EADS but later overturned on appeal from Boeing which successfully argued that the selection process was unfair.

related s! tory (sgx17811): http://www.france24.com/en/20100708-world-trade-organisation...

by Barbora Misakova for Cantell TV (http://cantell.tv)

Cantell TV is the fastest growing provider of digital broadcasting coupled with telecommunications, allowing people to easily control, view, upload and share digital content through proprietary interface coupled with free phone calls. Cantell TV is committed to delivering infinite choices to your world of entertainment at the tip of your fingers.

posted by Blog TechSource @ 7:27 AM